Saturday, November 16, 2013

Forget Twitter, Buy Square In 2014

Yep, you heard that right. Forget Twitter (TWTR), after it's IPO last week, the stock has already bloated to a massive $25 billion market capitalization and that is far too large for a company that is barely projected to generate over $1 billion in sales next year. The more interesting company is another one of entrepreneur and Twitter co-founder Jack Dorsey's creations, Square.

Square is a payments company that caters to individuals and small businesses that want to accept credit/debit cards on the go and without hassles. In a world that is dominated by ecommerce, mobile devices and electronic payments, Square seems positioned to capitalize on one of the largest trends in the world, digital payments.

The company plans to go public sometime in 2014 and investors would be wise to keep it on their radars. Click here to read why I think Square could be one of 2014's standout IPO's.